The Straits Times - March 01, 2025

The Straits Times - March 01, 2025

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In this issue
March 01, 2025
Government Will Always Uphold Fiscal Responsibility: PM Wong
He says this means keeping finances healthy, spending within Govt's means

5 mins
GST hike did not 'turbocharge' inflation, says PM
Inflation was driven mainly by global factors and has eased here and elsewhere, he says

4 mins
Budget surplus, help for workers, firms among issues MPs raise
Singapore needs to be prepared for tougher competition and do what it can to stay in the game despite the changing global system, Prime Minister Lawrence Wong said, in wrapping up the Budget debate on Feb 28.

4 mins
Govt will continue to create good jobs for S'poreans: PM Wong
Singapore can navigate challenges even as entire global system is changing, he says

3 mins
PM Wong gives assurance that HDB flats will remain affordable in the longer term
Housing Board flats will remain affordable in the long run, said Prime Minister Lawrence Wong as he sought to assure Singaporeans that the Government will ensure their basic needs would always remain within reach.

4 mins
2024 Dragon Year fails to boost Singapore's total fertility rate
Slight rise in number of resident births, but fertility rate remains at record low of 0.97

4 mins
SG60 Baby Gift: Package of 10 gifts for S'porean babies born in 2025
Babies born in 2025 will get a package of 10 gifts to mark Singapore's 60th birthday, along with a letter from Prime Minister Lawrence Wong.

2 mins
From music show host to tycoon's adviser
Dr Catherine Wu, who came under the spotlight in the saga involving City Developments Limited (CDL), chatted with Taiwanese TV host Paul Lee on an episode of his talk show Da-win Dining aired in November 2024.
2 mins
CDL CEO should focus on recouping $1.9b in losses: Philip Yeo
CDL director also describes Sherman Kwek's claim about source of discord as a distraction

2 mins
Trump's Tariffs, Deportations May Stoke a Crisis Worse Than Recession
High inflation, slow growth and rapid rise in unemployment may spark stagflation

4 mins
Much flummery from Starmer, but still no security guarantee on Ukraine from Trump
UK, French leaders remain uncertain of US plans for end to war despite charm offensive

4 mins
HK's fiscal deficit isn't stopping it from spending big to diversify its economy
Uncertain if projects will yield strong returns for economic growth: Observers

4 mins
Vietnam to support deportations from US after tariff threats: Lawyer
Vietnam has pledged to support the repatriation of a few dozen Vietnamese nationals detained in the US and to quickly handle new requests for deportations after US threats of trade tariffs and visa sanctions, a lawyer briefed on the matter said.
2 mins
Cinemagoer in India wins damages over screening of too many ads
Fed up with the long list of advertisements that play before a movie begins in theatres? You are not alone.
1 min
Hard-fought nature funding deal reached at UN talks
Countries strike delicate compromise on raising billions needed to protect species
3 mins
Apple Accused of Greenwashing in US Lawsuit
A group of Apple Watch buyers have filed a lawsuit in Silicon Valley accusing the tech giant of exaggerating how environmentally friendly the smartwatch's production is.
1 min
US Judge Halts Trump's Call for Mass Firings of Federal Workers
He says agency that triggered shedding of thousands of jobs lacks power to do so
3 mins
Hume station on Downtown Line opens, shortening trips to city centre
It is last station on second stage of DTL to be ready; nearby attractions include Rail Corridor

3 mins
MND Perm Sec Ow Foong Pheng to retire on April 1
Ministry of National Development Permanent Secretary Ow Foong Pheng will retire on April 1, after 38 years in the public service at multiple ministries.

1 min
Afternoon showers expected for first half of March
Keep your umbrellas handy for the next two weeks, as rain is expected on most afternoons in the first half of March.
1 min
$1.4m lost to Shopee, UnionPay, MAS impersonation scams
Scammers pose as employees to get the victims to transfer money to bank accounts
1 min
16 First-Gen NEL Trains Refurbished, Remaining 9 to Be Done by Early 2026
Sixteen of 25 first-generation trains on the North East Line (NEL) have been refurbished as part of a major renewal project that began in 2019, Transport Minister Chee Hong Tat said.
1 min
Extended GST grace period for SMEs among initiatives to help firms: MOF
The Ministry of Finance on Feb 28 announced new and enhanced measures aimed at fostering a more pro-business environment, as well as simplifying rules and processes for companies here.
3 mins
Cutting emissions not just key for planet's health but can fuel economic growth: SM Teo
Debate on ministries' budgets: Prime Minister's Office

4 mins
Couple Abused 4-Year-Old For Over a Year, Burned Girl's Body After She Died
Girl's Mum and Her Boyfriend Plead Guilty to Charges Including Abuse, Culpable Homicide
7 mins
Crew member of tanker hurt after case of 'unauthorised boarding' in Singapore Strait
One crew member of a Singapore-registered chemical tanker was injured after an \"unauthorised boarding\" incident was reported in the Singapore Strait on the morning of Feb 28.

1 min
Fasting month of Ramadan starts tomorrow
Muslims will begin fasting on March 2 for the holy month of Ramadan, during which they will pay the compulsory zakat fitrah or tithe at a rate set at $5 or $7.90 for each person.
2 mins
Worker dies after being struck by steel beam while fixing lift
Bangladeshi, 44, pronounced dead at scene; third fatal workplace accident so far in 2025
2 mins
FairPrice to Give Out 75,000 Sets of Drinks, Snacks to Muslim Customers
Supermarket chain FairPrice will be giving out more than 75,000 sets of snacks and drinks to Muslim customers at 59 of its stores this Ramadan.
1 min
S'pore stocks fall in tandem with region on US tariff concerns
• STI down 0.7%; in broader market, losers lead 379 to 226 • ST Engineering tops index; Seatrium at the bottom • Kospi, Hang Seng, Nikkei 225 and KLCI all in the red
1 min
Tesla Fires Manager Who Criticised Musk for 'Nazi' Post
Tesla has fired a manager who objected to a social media post by chief executive Elon Musk that referred to Nazi leaders.
2 mins
Crypto prices tumble as Trump-fuelled euphoria fades
Biggest digital currencies have lost nearly all of their gains made after his election win
3 mins
Autodesk to cut 1,350 jobs as it targets higher profits
Autodesk is planning to cut about 1,350 employees as part of a broader focus on profitability following pressure from investors, including activist Starboard Value.
1 min
Land Betterment Charge Rates for Non-Landed Residential Use to Rise
Collective Sales' Higher Land Values and More Optimistic Tender Bids Among Reasons
3 mins
ST Engineering shares hit new high on record results
ST Engineering shares reached yet another record on Feb 28 after a string of new highs in recent weeks, with analysts saying the stock could head even higher if the company continues to perform well.

2 mins
China Tech Start-Ups Race to Capitalize on DeepSeek Fever
Chinese technology start-ups are racing for fresh fund raising to capitalize on the DeepSeek-induced fervor over artificial intelligence (AI), as well as President Xi Jinping's recent show of support to the country's private enterprises.
2 mins
Olam's second-half profit falls 83.4% to $38.4 million
Agribusiness giant Olam Group on Feb 28 reported a net profit of $38.4 million for the second half ended Dec 31, down 83.4 per cent from $230.8 million in the previous corresponding period.
2 mins
Maybank S'pore junior staff to get $1,250 each to help with rising costs
Maybank Singapore on Feb 28 said all junior employees will receive a one-off payment of $1,250 to help them manage the rising cost of living.
1 min
StarHub Sets Sights on Acquisitions as Corporate Revamp Bears Fruit
But timing of consolidation is outside company's control, CEO says

3 mins
When Being the China Alternative Is Not Enough
Cordial relations with Beijing and longstanding US ties may no longer be sufficient for supply chains to survive.
3 mins
How I learnt to still my mind and listen deeply
Decades of being a journalist trained me to fact-check people's stories and spot loopholes. In this new phase of life, I am relearning how to listen better.
7 mins
India looks to its east
Emerging states in the east like Assam, Odisha and Uttar Pradesh are vying with traditional economic heavyweights for a share of the pie, but challenges remain.

10+ mins
Packing Angel To Relish Trip
March 2 Hong Kong (Sha Tin) form analysis
3 mins
Ban Sees Sinner's Laureus Nod Revoked
The Laureus Academy revoked tennis world No. 1 Jannik Sinner's nomination for its annual World Sportsman of the Year Award on Feb 27, citing his three-month doping ban.
2 mins
FA Cup offers salvation for City and United
Manchester City's hopes of a trophy this season now rest solely on the FA Cup ahead of the visit of second-tier Plymouth Argyle on March 1, while holders Manchester United also desperately need silverware to rescue a miserable campaign.
2 mins
Pressure's on for Leicester boss van Nistelrooy
The statistics tell a damning story of Ruud van Nistelrooy's reign as Leicester City manager and they got worse after a limp English Premier League loss to West Ham United on Feb 27.
2 mins
How hard is it to keep winning? Ko could tell you a story
That Shakespeare fellow never shone in any sport, nor played with distinction on any tour, but he understood stuff. \"Be not afraid of greatness,\" he wrote and athletes would understand. They can't be scared of the rough ride or of the relentless quest. This is a hunt with no end.

3 mins
Loh Ousts Teh On Mental Strength
World No. 15 to face Takahashi in German Open semi-finals, Yeo also makes last four

3 mins
A Thrill Like No Other
The Straits Times is celebrating outstanding Singaporeans selected for the 2024 ST Athlete of the Year award, backed by 100Plus. To get to know our athletes better, we asked them about their love for their sport, what they discovered about themselves in 2024 and if they are nervous when they compete. This is what Paralympic swimmer Yip Pin Xiu told Rohit Brijnath.

3 mins
Kim Primed for 4th Title
S. Korean has won the last two times she has led after the second round

3 mins
A TICKET TO SPACE
US$600,000 each, space tourists can enjoy weightlessness and sweeping views of Earth on a Virgin Galactic spaceship. The Straits Times gets an exclusive look at their pre-flight experience in New Mexico

6 mins
See Sentosa Anew at a Raffles Villa
Singapore's first all-villa resort bears the brand's hallmarks, like butlers and doormen, but offers a different experience
2 mins
Two's Company
This HDB flat in Sengkang was designed for a couple who love to entertain

1 min
CROWNING ACHIEVEMENT
Audemars Piguet's revolutionary Calibre 7138 features an \"all-in-one\" crown that simplifies adjustments and eliminates the need for fiddly correctors

4 mins
The sweet life with Ferrari's 12Cilindri Spider
It is all about wind in the hair and taking in the song from a sonorous V12 engine

5 mins
EV3: A Cut Above Its Class
Smallest electric Kia punches above its weight in ride comfort and road handling

3 mins
Golf scores bogey with puzzling glitch
The exterior lights of the Volkswagen Golf come on when you approach it. As you get nearer, the wing mirrors unfold and the doors unlock automatically, as if saying: \"Come on, let's go for a drive.\"

3 mins
Singaporean Jez Carreon tops contest
Flor de Cana Sustainable Cocktail Challenge

2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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